4.00% 4-Month CD at a NY/NJ/CT Bank (Hudson City Savings)

Comments (2)
Jul 20, 2008 - 3:59 PM by Ken Tumin

Hudson City Savings Bank
Hudson City Savings Bank is offering a 4.00% APY 4-month certificate of deposit. The minimum deposit is $500. There are different rate tables for the 3 states, but all seem to have this same rate.

My last report on this bank was in October 2007 when it was offering a 5.30% 6-month CD.

Above the rate table it states that Bank by Mail deposits welcome, but only for long term CDs. So it appears a branch visit would be required to open this 4-month CD. Please refer to the bank's branch locator for branch locations in New York, New Jersey and Connecticut.

The bank has a 5-star rating (superior) at BauerFinancial based on 3/31/08 data. It has been FDIC insured since 1934 (Certificate # 13074).

Thanks to the reader who mentioned this CD in the Finding the Best Deals post.

Banks Mentioned in this Post:

Hudson City Savings Bank
Locations: 134   Health Rating: 		 
Recent Posts: Hudson City's Newly Competitive Intern... | Competitive Long-Term CD Rates at Huds...
Latest Review: " 3 WEEKS AGO I SUBMITTED INITIAL APPLIC. AND NECESSARY DOCUMENTATION. ..."


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Anonymous

Anonymous - #1, Saturday, August 2, 2008 - 9:45 AM

Slate.com just posted a glowing write-up of Hudson City.

http://www.slate.com/id/2196406/


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Banking Guy

Banking Guy (anonymous) - #2, Saturday, August 2, 2008 - 2:59 PM

Thanks for the info. Glad to see a sound bank offering a high CD rate.


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